About This Home
This 0-bedroom, 0-bathroom multi-family at 5302 LINCOLN Highway in Gap, PA is listed for $340,000 ($195 per sqft). Built in 1930, the home offers 1,745 sqft of living space on a 0.24 acres lot.
Key Features
- Built in 1930
- 0.24 acre lot
- 4 parking spaces
Property Details
Sought after 2 unit property located on a corner lot in a desirable location. There is a screened rear porch that leads into the 1st floor unit. This mostly remodeled unit features the kitchen with white cabinets, tile backsplash, electric stove, dishwasher, built-in microwave, and a refrigerator.
The full bathroom has a tub with a separate shower. The living room and both bedrooms have beautiful wood floors. This unit has access to a partial basement for storage. Projected rent for this unit is $1,600+- per month. The 2nd floor unit enters from the front of the home.
There is a spacious kitchen, a living room, 2 bedrooms and a full bath. One of the bedrooms is currently used by the tenant as a dining room. This unit has access to a large attic for storage. The current long term tenant would like to stay. The current rent is $930 per month.
There is a large barn on the property with a loft. The current rent for the barn is $230 per month. The owner pays the common electric for the property, and also pays for the oil heat, with a 3 year average of $2,124 per year. The owner also pays for public sewer which is $960 per year.
The owner's insurance for the last year was $1,495. The tenants pay for their own electric and trash. There is a laundry hook-up in the large section of the basement not currently being used. This is a very nice property with several convenient off street parking spots. Per the township website the home is zoned GC (General Commercial). Act on this opportunity to own a rare multi-unit property in this great location.
Monthly Cost Estimate
$1,818/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5302 LINCOLN Highway
Gap, PA 17527
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 5302 LINCOLN Highway is listed at $340,000 ($195/sqft). The estimated monthly payment is $1,818 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.24 acre lot, 4 parking spaces. Interior Features: Bathroom - Jetted Tub, Kitchen - Eat-In, Wood Floors.
This property is listed by Todd Reed and can be reached at 6105705864.



